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Further Reading

On Tuesday, San Francisco-based on-demand food delivery SpoonRocket told customers that it had closed its doors over the weekend. The company’s closure is one of the latest signs that there’s been a financial slowdown in Silicon Valley. The startup offered a short list of relatively inexpensive food options (under $10) and could deliver them in under 10 minutes in many parts of the Bay Area.

"Despite our efforts, unfortunately, the downturn of market and lack of interest in on-demand companies like SpoonRocket from the venture community has forced us to shut down prematurely before we are able to grow into a viable business," SpoonRocket wrote.

TechCrunch reported that the company had raised $13.5 million in venture capital through Y Combinator and other angel funds, as well as some Series A funding.

SpoonRocket recommended that customers switch to its more expensive competitor, Sprig.

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Cyrus Farivar
Cyrus is a Senior Tech Policy Reporter at Ars Technica, and is also a radio producer and author. His latest book, Habeas Data, about the legal cases over the last 50 years that have had an outsized impact on surveillance and privacy law in America, is out now from Melville House. He is based in Oakland, California. Emailcyrus.farivar@arstechnica.com//Twitter@cfarivar